Printer Friendly

	Your Opportunity as an Associate in Investment Banking

An overview of this program’s objectives and how you can benefit

Many Associates join the Associate generalist "pool"  and work on a range of projects across corporate finance industry groups and our M&A department.  If you have experience or interest in a particular sector, we accommodate your preference in making project assignments. Some of our industry groups hire directly, including the Real Estate Banking Group and the Financial Institutions Group.  All of our Associates in New York sit together in the "pool".  Our branch offices in the Americas hire Associates directly as well and include Calgary, Chicago, Houston, Los Angeles, Menlo Park, Mexico City, San Francisco, Sao Paulo and Toronto.

The roles and responsibilities vary by department, but typically include:

• Managing and assisting in the execution of corporate finance transactions
• Performing financial analysis, strategic business analysis and detailed industry research
• Contributing to team discussions and client meetings
• Providing rapid and accurate market judgments to colleagues and clients
• Preparing and delivering client presentations in a clear and compelling manner
• Acting as a mentor and role model to Analysts

Launching Your Career
The initial training that you receive on starting the program

The Associate Program begins with an intensive five-week training program in New York featuring presentations from senior management introducing the Firm, its businesses, values and culture. With guidance from Investment Banking professionals, the classroom-based training covers and ensures Associates understand:

• Valuation interpretation and application
• Financial statement analysis
• Capital structure
• Financing solutions
• M&A processes and analysis
• Proprietary technologies & processes

Associates are also trained and prepared to complete mandatory regulatory exams (i.e. Series 79).

In addition to quantitative training, Morgan Stanley appreciates the value of its professionals and believes in providing opportunities for development and growth at the Firm. Lean deal teams afford Associates the opportunity to work closely with senior officers and the Firm supports additional skills relevant to an Associate's goal. And networking events allow Associates to develop a network not only within Investment Banking but throughout the organization.

Developing Your Career
What you can anticipate as you make progress and after completing the program

The first year is designed to give you an understanding of how our bankers determine a client's needs and how they meet their strategic objectives. This will enable you to build upon their broadened skill base.

The firm provides ongoing training and mentoring that supports you as you work to advance your career to the next level. At the end of your Associate tenure, you could be considered for promotion to Vice President. If you continue to excel you can potentially move on to become an Executive Director and ultimately a Managing Director.

Is Investment Banking Right for You?
A checklist to help you decide if you have the skills and temperament for this area

• You're a team player with a strong work ethic and attention to detail.
• You have strong analytical skills and the ability to quickly grasp complex data.
• You have outstanding communication and interpersonal skills, with the ability to form effective working relationships.
• You're ambitious and motivated to become an industry, product or regional expert.
• You must be able to manage multiple projects, provide complicated financial analysis, and develop appropriate corporate finance solutions.
• You pursue your assignments with excellence, a collaborative spirit, and the highest ethical standards.

Requirements

You must have an MBA and a top-class degree and/or a minimum of 2-3 years of professional experience.

Selection Process

Selected applicants will have the opportunity to meet with Morgan Stanley bankers both on campus and in our offices. Candidates are evaluated on their commitment to a career in investment banking and their ability to succeed at both the Associate and officer level.

How to Apply

Please visit our website at: http://www.morganstanley.com/about/careers/recruiting/apply.html. You should also check with your career center for specific campus application guidelines.

Deadlines

For deadline information regarding the IBD Associate Program, please consult with your school's career center.